EUROPEAN HEADLINES
Financial Times Europe – Trump promises to halve levies on companies in “tax revolution.” Bid to stem tide of head offices leaving US. Pledges follow tough week for Republicans.
Wall Street Journal Europe – Trump pitches tax breaks. GOP nominee sets out economic plan, calls for sanctions against trading partners.
FRANCE
Le Monde – Erdogan: “The West ‘contradicts the values it is defending.” The Turkish President gave Le Monde his first interview with Western media since the attempted coup d’état.
Les Echos – VAT fraud: France plans to tighten its arsenal. The VAT carousel fraud costs several billion euros each year. Some technical solutions exist to hunt down the lost funds.
GERMANY
Frankfurter Allgemeine Zeitung – Suicide-bomb attack in Ansbach: the terrorist had been in contact with ISIS “for at least a few weeks.” Saudi Arabia has confirmed that the Syrian refugee who blew himself up in Ansbach, Southern Germany, on 24 July, had been in contact with a member of ISIS via a Saudi number.
Süddeutsche Zeitung – Trump intends to cut taxes drastically. Fewer taxes for businesses, relief for the rich: the Republican candidate tries to make a comeback in the polls with generous promises. Yet, his programme is unaffordable, according to economists.
ITALY
la Repubblica – Italy fears new wave of migrants. If the EU-Turkey deal fails, there are 3 million migrants in Turkey ready to enter Europe.
Il Sole 24 Ore – Banks and US growth make stock exchanges rise. Atlante 2 beyond minimum level: adhesions for 1.7 billion.
POLAND
Gazeta Wyborcza – Random sobriety tests. The Ombudsman states in his letter to Prime Minister Beata Szydło that due to a lack of specific regulations, it is not clear if traffic police officers can test drivers for sobriety during the “driving – not drinking” actions. This implies that drivers can refuse to take such tests.
SPAIN
El Pais – New elections will not change 26 June results. Increasing fears about the lack of a proper government, health and education.
Expansion – Norwegian Fund to strengthen its position in Spanish Stock Exchange. The Norwegian Pension Fund raised its share in Iberdrola, Dia, Viscofan, Ence and Applus.
UNITED KINGDOM
The Times – New wave of strikes to hit battered commuters. Unions plan joint action to shut down rail network.
The Guardian – Double victory leaves Corbyn “unassailable.” Leader tightens grip on Labour after high court win and NEC clean sweep.
UNITED STATES
International New York Times – Uk Edition – Japan faces quandary in emperor’s wish to retire. In first public remarks on issue, monarch talks of his age and limitations.
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